Use this page as a one-stop reference for everything related to South Indian Bank's PUNE,HADAPSAR branch in HADAPSAR, MAHARASHTRA. The branch's IFSC code SIBL0000958 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for South Indian Bank – PUNE,HADAPSAR is SIBL0000958. The first four letters SIBL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000958 map to this branch in HADAPSAR, MAHARASHTRA.
Branch details at a glance
| Bank Name | South Indian Bank |
|---|---|
| Branch | Pune,Hadapsar |
| IFSC Code | SIBL0000958 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO. 22,23,24,FORTUNE ESTATE, PLOT NO. 58,PUNE SOLAPUR HIGHWAY, HADAPSAR |
| City | Hadapsar |
| District | Pune |
| State | Maharashtra |
| STD Code | 484 |
| Phone | 2365657 |
About South Indian Bank
South Indian Bank operates a wide network of branches across India, including the Pune,Hadapsar branch in Hadapsar. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SIBL0000958.
About this branch
The branch is located at SHOP NO. 22,23,24,FORTUNE ESTATE, PLOT NO. 58,PUNE SOLAPUR HIGHWAY, HADAPSAR. It serves the Hadapsar region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of South Indian Bank. The IFSC SIBL0000958 is used to identify this branch on the RBI payments network.
Why every South Indian Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PUNE,HADAPSAR of South Indian Bank — its own 11-character IFSC. The code SIBL0000958 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SIBL0000958 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC SIBL0000958
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SIBL0000958 across all three.
NEFT to South Indian Bank, PUNE,HADAPSAR using IFSC SIBL0000958
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SIBL0000958, and confirm that the system picks up South Indian Bank – PUNE,HADAPSAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PUNE,HADAPSAR
If you need to transfer ₹2 lakh or more in one go to an account at South Indian Bank's PUNE,HADAPSAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SIBL0000958 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to South Indian Bank – PUNE,HADAPSAR, use IMPS. With IFSC SIBL0000958 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Pune,Hadapsar
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SIBL0000958:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at PUNE,HADAPSAR is still linked to IFSC SIBL0000958.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at South Indian Bank's PUNE,HADAPSAR branch, the IFSC SIBL0000958 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Pune,Hadapsar branch is mapped to IFSC SIBL0000958 on the RBI payments network. The branch generally supports the full retail product catalogue of South Indian Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains SIBL0000958.
Banking services available
The Pune,Hadapsar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 484-2365657.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC SIBL0000958
MICR & cheque-truncation details
Cheques drawn on the Pune,Hadapsar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SIBL0000958 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC SIBL0000958
South Indian Bank customers can register for net banking and the bank's official mobile app once their account at the PUNE,HADAPSAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SIBL0000958 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to South Indian Bank – PUNE,HADAPSAR:
- The IFSC is exactly SIBL0000958 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills South Indian Bank as the bank name and PUNE,HADAPSAR as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Pune,Hadapsar branch
The branch is located at SHOP NO. 22,23,24,FORTUNE ESTATE, PLOT NO. 58,PUNE SOLAPUR HIGHWAY, HADAPSAR, which puts it inside Hadapsar, the broader Pune district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “South Indian Bank Pune,Hadapsar branch” — the verified location pin for IFSC SIBL0000958 should appear at the top of the results.
- Confirm the branch is open by calling 484-2365657 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SIBL0000958 and your account number.
Verifying IFSC SIBL0000958 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SIBL0000958 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 484-2365657.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Pune,Hadapsar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SIBL0000958, however, work 24x7.
Branch address & contact
South Indian BankPune,Hadapsar Branch
SHOP NO. 22,23,24,FORTUNE ESTATE, PLOT NO. 58,PUNE SOLAPUR HIGHWAY, HADAPSAR
Hadapsar, Maharashtra
Phone: 484-2365657
IFSC: SIBL0000958
Frequently asked questions
Can I use IFSC SIBL0000958 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SIBL0000958 to send funds instantly.
How quickly will an NEFT transfer using SIBL0000958 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to South Indian Bank – Pune,Hadapsar reflect within 30 minutes.
Where is South Indian Bank Pune,Hadapsar branch located?
South Indian Bank's Pune,Hadapsar branch is located at SHOP NO. 22,23,24,FORTUNE ESTATE, PLOT NO. 58,PUNE SOLAPUR HIGHWAY, HADAPSAR, Hadapsar, Maharashtra.
Is IFSC SIBL0000958 valid for NEFT and RTGS?
Yes. IFSC SIBL0000958 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Pune,Hadapsar branch but serve different purposes.
Is IFSC SIBL0000958 the same for all accounts at Pune,Hadapsar branch?
Yes. The IFSC SIBL0000958 is shared by every account held at South Indian Bank's Pune,Hadapsar branch. Only the account number changes from customer to customer.
How do I add South Indian Bank Pune,Hadapsar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SIBL0000958, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of South Indian Bank Pune,Hadapsar branch?
The IFSC code of South Indian Bank, Pune,Hadapsar branch is SIBL0000958. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code SIBL0000958 belongs to South Indian Bank's PUNE,HADAPSAR branch, located at SHOP NO. 22,23,24,FORTUNE ESTATE, PLOT NO. 58,PUNE SOLAPUR HIGHWAY, HADAPSAR in HADAPSAR, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
